Las Vegas Business News

Switch, Sands, Wynn mum at PUC meeting

Exterior view of the NV Energy building Monday, Oct. 20, 2014, in Las Vegas.

Continuing the effort to cut ties with the state’s largest power provider, representatives from the casino and energy industries met with officials from the ...

29 June 2015
By Kyle Roerink

Las Vegas car dealerships settle with FTC over deceptive ads

A Las Vegas car dealership accused of using deceptive ads reached a settlement with the Federal Trade Commission with the help of Nevada's former attorney general. The FTC announced Monday that two dealerships ...

29 June 2015
By Sally Ho, Associated Press

Las Vegas seeks solutions to tourist traffic on the Strip

In this Sept. 16, 2014, photo taken with a slow-shutter speed, lights of cars blur along Las Vegas Boulevard.

For a travel destination that offers helicopter tours and jaunts in rented luxury vehicles, getting from point A to point B in Las Vegas can nonetheless pose a challenge. The Las Vegas Strip ...

29 June 2015
By Kimberly Pierceall, Associated Press

Aliante Gaming leader: Innovation adds to casino’s success

Terry Downey, president and general manager of Aliante, has little time or patience for pessimism.

Terry Downey had retired after a long and successful career with Station Casinos. But he was talked back into working and became president and general manager of Aliante Gaming, which runs Aliante Casino and Hotel in North Las Vegas ...

29 June 2015
By VEGAS INC Staff

Commercial real estate is slowly making a comeback, but banks are being more cautious

Construction continues on a medical project being financed by Meadows Bank on June 19, 2015 in Las Vegas. The project site is on Wigwam Avenue just east of Eastern Avenue.

Southern Nevada’s banks have drastically cut back on construction and development lending since the market tanked. They’ve boosted profits and overall lending, but when it comes to real estate development, bankers aren’t opening the vault nearly as often as they did during the go-go years last decade ...

29 June 2015
By Eli Segall

Ride-hailing services revving up again in Nevada

Taxi cab drivers gather Friday, May 29, 2015, in front of Caesars Palace to protest Uber, the ride-hailing service trying to break into the Las Vegas market.

After a thwarted launch last year and four months of intense lobbying at the Nevada Legislature, Uber now can legally operate its ride-hailing service in Nevada, thanks to a pair of laws signed last month ...

28 June 2015
By Conor Shine

Guest column: What you should know about CRE law

Compared with other states such as California, Nevada doesn’t have many laws regulating commercial real estate. But if you are involved in commercial real estate in Nevada, you need to know these laws and understand how they could affect your business ...

28 June 2015

Guest column: Commercial real estate is rebounding

Companies no longer are struggling just to survive but again are invested in nurturing and growing the commercial real estate and development community in Southern Nevada. For the first time since the recession, NAIOP Southern Nevada, the Commercial Real Estate Association, has a growing membership base ...

28 June 2015
Charles Van Geel

Salon’s business model: Empower professionals to work for themselves

Sola Salons are stand-alone suites where stylists, manicurists, estheticians, massage therapists and others can rent space without feeling like someone else’s employees.

As a new concept in salon ownership, it took some time and creative marketing to help salon professionals understand how Sola is different from a traditional salon. Elegantly furnished, individually-sized stand-alone salon suites allow them to be their own boss ...

28 June 2015
By VEGAS INC Staff

Nevada falls 16 spots to No. 45 in CNBC’s rankings of top states for business

“The Silver State offers a ready supply of employees, but the workforce is tarnished by the worst education system in the country,” the report said ...

26 June 2015
By Brian Deka

Vision for Alon Las Vegas, resort on former New Frontier site, is filed with county

A photo of a rendering of Alon, presented in June 2015, is shown.

Plans filed with Clark County late last month show a two-tower, 1,100-room project called Alon Las Vegas to be built on the 34.6-acre site just north of Fashion Show mall ...

26 June 2015
By Eli Segall

New-home prices, sales and permits up this year in Southern Nevada

A view of model homes in a Ryland Homes subdivision at Buffalo and Diablo drives in the southwest valley Sunday, April 5, 2015.

Las Vegas homebuilders are gaining speed with rising sales, prices and construction plans, a new report shows. Builders sold 527 new homes in Southern Nevada last month, bringing the year’s total to 2,360, a year-to-year ...

26 June 2015
By Eli Segall

Boxing, special events lift Las Vegas airport to busiest May since 2007

In this file photo, long lines form outside a security checkpoint at McCarran International Airport.

Airport officials say the number of travelers flying into and out of Las Vegas in May jumped 5.7 percent to nearly 4 million passengers. McCarran International Airport officials reported ...

26 June 2015
Associated Press

Nevada gaming revenue passes the $1 billion mark in May

Gamblers play roulette at the Eastside Cannery on Boulder Highway in this file photo.

Nevada gaming revenue topped $1 billion in May, with Clark County boasting a particularly good month, the state said today. The Gaming Control Board said ...

26 June 2015
By J.D. Morris

Home repossessions are rising as banks start to clear out foreclosure backlog

A foreclosed home on Airview Court, in a neighborhood near Tenaya Way and Russell Road, is shown Thursday, June 25, 2015.

Lenders are ramping up foreclosures in Southern Nevada, seizing homes that in many cases likely have been in default — and possibly empty and in disrepair — for a considerable ...

26 June 2015
By Eli Segall

Despite court’s ruling on Affordable Care Act, expect new debate in Nevada

Nurse practitioner Francine Clegg puts in an airway in a patient in the University Medical Center ER on Friday, March 13, 2015, under the direction of attending physicians.

With the U.S. Supreme Court ending the latest GOP attack on the Affordable Care Act on Thursday, Nevada will now see a new wave of debate about President Barack Obama’s landmark law. Two policy areas in the state will likely emerge as ...

26 June 2015
By Kyle Roerink

Steve Wynn to pay $422,380 in legal fees in lost defamation claim

Steve Wynn gives a keynote address during the Global Gaming Expo at the Sands Expo on Tuesday, Sept. 30, 2014.

A California judge has ordered casino mogul Steve Wynn to pay $422,380 in legal fees and costs to the Wall Street hedge fund manager Wynn sued for defamation. Las week District Judge William H. Orrick reduced ...

25 June 2015
Associated Press

Man charged with running Bitcoin poker site agrees to guilty plea

Professional poker player Bryan Micon.

Bryan Micon, the man targeted by state officials for allegedly running an illegal online gambling website, appeared in a Las Vegas court today and agreed to plead guilty to the charge against him. Micon’s plea will allow him to ...

25 June 2015
By J.D. Morris

New South Pacific casino eyes Las Vegas, Atlantic City workers

Workers armed with casino licenses in Atlantic City are in demand — just not in the struggling New Jersey shore town. The Press of Atlantic City reports Renard International Hospitality Search Consultants is ...

25 June 2015
Associated Press

Regulators begin the tricky task of forming rules for skill-based slot games

A man operates a joystick for a skill-based bonus game on an IGT slot machine during the Global Gaming Expo (G2E) at the Sands Expo Center on Tuesday, Oct. 2, 2012.

Nevada's effort to make casino floors feel more like arcades advanced Wednesday as gaming regulators started crafting the rules that will govern the introduction of skill into the state’s slot machines. The Gaming Control Board ...

24 June 2015
By J.D. Morris
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